NOT LISTED FOR SALE
2 Beds
2 Baths
3,922 Sq Ft
1985 Built

Last Sold February 23, 2024

Last sale price $475,000 $121 Per Sq Ft

50 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Central Heating

About This Home

As of February 2024

This recently updated 4-plex presents a unique opportunity to own an outstanding property, conveniently situated just moments away from the Pensacola Navy Base, Perdido Key, and Pensacola Beaches. Packed with numerous contemporary enhancements and features, this property holds substantial potential for prospective buyers. The residence features a freshly installed roof, ensuring extended durability and safeguarding against the elements. Enhance safety and energy efficiency with hurricane-resistant windows, an invaluable addition given its coastal location. The four units are all equipped with HVAC systems installed just two years ago, assuring comfortable living conditions year-round. Furthermore, each unit comes with hot water heaters that are also a mere two years old, contributing to the overall appeal and efficiency of the property. A major draw is its full occupancy, guaranteeing a consistent source of rental income right from the start. Additionally, the property enjoys a convenient location across from a county park, offering residents recreational opportunities and picturesque views. This is an investment opportunity you won't want to miss. Whether you're an experienced investor or new to the real estate market, this property promises a steady income stream and the potential for appreciation. Reach out now to inquire about this remarkable investment opportunity before it's too late. Move swiftly to secure your position in this thriving real estate market!

Last Agent to Sell the Property

Larry Kuhn

Kuhn Realty Listed on: 10/11/2023

Kuhn Realty

Last Buyer's Agent

Larry Kuhn

Kuhn Realty Listed on: 10/11/2023

Kuhn Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • Corner Lot

Parking

  • Driveway

Home Design

  • 3,922 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Composition Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Navy Point Elementary School
  • Bailey Middle School
  • Escambia High School

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • 4 Units
  • Beach Haven Subdivision

Listing and Financial Details

  • Tenant pays for electricity, internet, water/sewer
  • Assessor Parcel Number 352S311000022129

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Parcel Number: 352S311000022129
  • Property Type: Residential Income
  • Year Built: 1985
  • Electric: Circuit Breakers, Copper Wiring
  • Lease Term: 7 to 12 Months,Month To Month
  • Property Sub Type: Quadruplex
  • Horses: No
  • Subdivision Name: Beach Haven
  • Directions: Corner of Paulding and Cario.
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Carpet

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • Foundation Details: Slab

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Security: Smoke Detector(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: No

Schools

  • Elementary School: Navy Point
  • High School: Escambia
  • Middle Or Junior School: Bailey

Lot Info

  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Internet, Water/Sewer

Multi Family

  • Number Of Units Total: 4

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2024 02/23/24 Sold $475,000 -4.8% $121 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
10/16/2023 10/16/23 Price Changed $499,000 -5.0% $127 / Sq Ft
10/11/2023 10/11/23 For Sale $525,000 +35.0% $134 / Sq Ft
11/30/2021 11/30/21 Sold $389,000 0.0% $99 / Sq Ft View Prior Sale
11/30/2021 11/30/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $389,000 -- $99 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 634724

Pensacola Association of REALTORS®